EKF’s risk assessment when exporting to Philippines

EKF's cover policy towards Philippines

Below-average payment risk As a rule, EKF will cover risks associated with business transactions in the country. EKF will however in some cases impose special requirements on buyers over and above the ordinary minimum criteria for creditworthiness.

Political risk assessment - export

Credit period

Country risk classification (0-7)

Terms of cover

Up to 1 year

3

No restrictions

1-5 years

3

Minimum buyer risk category 4 (CC4)

More than 5 years

3

Minimum buyer risk category 4 (CC4)

Special guarantees

3

No restrictions

Political risk assessment - investments

Type of guarantee

Country risk classification (0-5)

Terms of cover

Guarantee for equity investments

2

Case-by-case decision

Business climate

Moderate business climate The commercial framework conditions in the country are moderate. There may be problems with some aspects of the business climate, including factors that hamper the opportunities for conducting business.

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General assumptions for EKF's risk assessments
This information constitutes EKF’s guideline country cover policy at publishing date. The policy is not binding for EKF regarding specific applications for export credit guarantees. Before any commitment is made based on the country cover policy, we recommend contacting EKF for further advice.